Rebate & Payment Analytics Analyst

CVS Health; United States; Remote; USD 44,000 - 94,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Paid time off

Retirement savings options

Wellness programs

Job summary

CVS Health is seeking a Rebate Reconciliation Analyst to manage rebate reconciliation, payment analysis, dispute resolution and reserve analysis, working with Trade Relations, Legal and Accounting teams.

The role emphasizes data manipulation and analysis, with a focus on reducing client drug spend and delivering affordable, accessible care, while maintaining accuracy and timely responses to inquiries.

Qualifications

• 6+ months financial or analytical experience.
• 6+ months experience with Microsoft Excel.
• Strong analytical and problem-solving abilities.
• Excellent written and oral communication skills.

Responsibilities

• Review and comprehend all contract terms applicable to the Reconciliation function
• Track and apply payments due from pharmaceutical manufacturers
• Identify any late payments and request late fee billing as required by contract
• Manipulate and analyze payment data from pharmaceutical manufacturers
• Reconcile payment data received with invoiced amount to identify disputed items
• Analyze and research all variances and disputed items and determine whether to accept or reject disputes
• Communicate with pharmaceutical manufacturers regarding variances and disputes
• Update internal dispute tracking data file on a monthly basis
• Perform analysis of required reserves on a monthly basis
• Investigate and respond to questions/inquiries regarding the status of open balances
• Ability to handle basic to intermediate data manipulation and analysis

Skills

Problem solving

Attention to detail

Data manipulation & analysis

Written & verbal communication

Education

Bachelor's degree in Finance, Accounting, Business, Math, or Economics

Tools

Microsoft Excel

Job description

CVS Health is seeking a Rebate Reconciliation Analyst to manage rebate reconciliation, payment analysis, dispute resolution and reserve analysis, working with Trade Relations, Legal and Accounting teams.

The role emphasizes data manipulation and analysis, with a focus on reducing client drug spend and delivering affordable, accessible care, while maintaining accuracy and timely responses to inquiries.